We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · PL4 8TP
Sold STCListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lawson are delighted to market this spacious top-floor apartment in Park House—a purpose-built development constructed approximately 20 years ago.
The building comprises nine separate apartments and benefits from a communal entrance hall and intercom entry.
This particular property is situated on the top floor and features a private entrance, accessed via the main hallway.
The entrance hall includes a wall-mounted intercom system, a built-in storage cupboard housing the fuse box, and a doorway leads into the open-plan lounge/dining room.
The lounge/diner is a fantastic room, offering a beautiful outlook through a Juliet balcony that overlooks the city, Plymouth Sound, and the Breakwater.
The kitchen opens from the lounge and is fitted with a matching range of base-level storage cupboards with post-formed and rolled-top work surfaces, an integral fridge freezer, electric oven, four-burner gas hob with filter canopy, plumbing for a washing machine, and an integral dishwasher, one-and-a-half bowl stainless steel sink drain unit, a window to the side elevation, an extractor fan, and a wall-mounted gas-fired combination boiler.
Bedroom one is a spacious double room with a window to the rear elevation and an en-suite shower room.
The en-suite features a matching three-piece suite comprising a low-level WC, shower cubicle, pedestal wash hand basin, tiled splashbacks, a window to the side elevation, and a chrome heated towel rail.
Bedroom two is a further double room with a window to the rear elevation.
The family bathroom is fitted with a matching white three-piece suite, comprising a low-level WC, pedestal wash hand basin, and a panel-enclosed bath with a shower mixer tap.
The room also includes tiled splashbacks, an extractor fan, chrome towel rail, and spotlights. Externally, there is allocated parking for one vehicle.
This property is held on a leasehold basis with 977 years remaining, a ground rent £150.00 PA and a service charge of £1,880.04. The property has a floor area of 68 m² 731 sq ft.
Please note - Some images have been virtually furnished using AI to demonstrate potential layout. The property is currently unfurnished.
UTILITIES Mains water, gas, electricity and mains drainage, mobile coverage likely, broadband connection FTTC and ADSL.
OUTGOINGS PLYMOUTH We understand the property is in band 'B' for council tax purposes and the amount payable for the year 2025/2026 is £1,808.67 (by internet enquiry with Plymouth City Council).
These details are subject to change.
GREENBANK A suburb, close to Plymouth University, Freedom Fields Park, (complete with Victorian bandstand!) and Plymouth Railway Station, Greenbank is centrally located within a mile of Plymouth City Centre.
It is principally made up of late Victorian and Edwardian housing stock (some of which has suited conversion, into flats and apartments).
Served by, Mount Street Primary School and Lipson Vale Secondary School.
LEASEHOLD INFORMATION Service charge information, ground rent, and any associated leasehold costs have been provided to us by the seller and are believed to be accurate at the time of marketing.
However, these figures have not been verified by us and should be confirmed by your solicitor during the conveyancing process before exchange of contracts.
BUYERS INFORMATION Due to the Money Laundering Regulations 2019, we are required to confirm the identity of all our prospective buyers.
We therefore charge buyers an AML and administration fee of £60 including VAT for the transaction (not per person). We carry this out through a secure platform to protect your data.
Please note we are unable to issue a memorandum of sale until the checks are complete.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Park House, Greenbank, Plymouth
Explore nearby